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The latest update is out from Lithium Americas (Argentina) Corp. ( (LAAC) ).
Lithium Americas (Argentina) Corp. announced its 2024 production results, achieving its target with approximately 25,400 tonnes of lithium carbonate produced, and set a 2025 production guidance of 30,000 – 35,000 tonnes. The company is focusing on optimizing operations to achieve higher production rates and lower costs. Additionally, the company is planning to redomicile to Switzerland under the new name, Lithium Argentina AG, and will hold a special meeting to approve this move and other amendments, which include adjustments to capital structure resolutions.
More about Lithium Americas (Argentina) Corp.
Lithium Americas (Argentina) Corp. operates in the lithium industry, focusing on the production of lithium carbonate. The company’s primary operations are located in the Caucharí-Olaroz lithium brine operations in Argentina, and it is involved in developing the country’s prominence as a global leader in the lithium sector.
Current Market Cap: $502.2M
Learn more about LAAC stock on TipRanks’ Stock Analysis page.